GRVT vs Deribit
Deribit traded 1.7× GRVT's 24-hour volume ($706.0M vs $414.2M) and holds 2.9× its open interest.
Head to head
the arrow points to the better figure| GRVT | Deribit | |
|---|---|---|
| Trading | ||
| $9.01 | BTC trade, $10k▶ | $7.06 |
| $1,032 | BTC trade, $1M≈ | $1,100 |
| $4.3M | BTC book depth▶ | $50.9M |
| 0.045%/0.000% | Taker / maker▶ | 0.035%/0.015% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $414.2M | Volume 24h▶ | $706.0M |
| $480.8M | Volume, 7-day average▶ | $1.65B |
| $474.1M | Open interest▶ | $1.36B |
| $34.2M | TVL | — |
| Markets | ||
| 184 | ◀Markets | 134 |
| 105 | ◀Stocks & RWA | 34 |
| 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | 0.0000% |
| +0.703% | BTC longs paid, 30d | +0.299% |
| Access | ||
| No ID | ◀KYC | Required |
| $GRVT | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | GRVT | Deribit |
|---|---|---|
| $1k | $0.909.0 bp | $0.717.1 bp |
| $10k | $9.019.0 bp | $7.067.1 bp |
| $100k | $90.129.0 bp | $76.387.6 bp |
| $1M | $1,03210.3 bp | $1,10011.0 bp |
| $5M | — | $9,38018.8 bp |
ETH funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 88
funding /8h · Net 7d at $10k| Asset | GRVT | Deribit | Spread | Net 7d |
|---|---|---|---|---|
| XAU | 0.0000% | 0.0000% | 0.0000% | $0 |
| TSLA | 0.0000% | +0.0020% | +0.0020% | −$36 |
| EWY | 0.0000% | +0.0064% | +0.0064% | −$8 |
| XAG | 0.0000% | 0.0000% | 0.0000% | −$22 |
| QQQ | 0.0000% | +0.0523% | +0.0523% | −$14 |
| HOOD | 0.0000% | 0.0000% | 0.0000% | −$20 |
| INTC | 0.0000% | +0.0004% | +0.0004% | −$8 |
| SPY | 0.0000% | +0.0438% | +0.0438% | +$26 |
| MSTR | 0.0000% | 0.0000% | 0.0000% | −$8 |
| SOXL | +0.0231% | −0.1084% | +0.1315% | −$19 |
| DRAM | 0.0000% | 0.0000% | 0.0000% | −$10 |
| CRCL | 0.0000% | −0.0115% | +0.0115% | −$34 |
| CL | 0.0000% | +0.0408% | +0.0408% | −$55 |
| NVDA | 0.0000% | 0.0000% | 0.0000% | −$17 |
| MU | 0.0000% | 0.0000% | 0.0000% | −$34 |
| BZ | 0.0000% | −0.0725% | +0.0725% | +$48 |
| SNDK | 0.0000% | 0.0000% | 0.0000% | −$39 |
| MSFT | 0.0000% | 0.0000% | 0.0000% | −$9 |
| GOOGL | 0.0000% | 0.0000% | 0.0000% | +$5 |
| AMD | 0.0000% | 0.0000% | 0.0000% | — |
Only on GRVT: 96
H · KPEPE · AXS · EWJ · ZEN · KSHIB · KAIA · MOODENG · GRVT · XMR · KBONK · POPCAT · KAITO · XPD · XPT · PROVE · GIGGLE · ZK · LINEA · SAHARA · BARD · SKHYNIX · PAYP · STRC · COPPER · BASED · CC · LA · RIVER · SAMSUNG · NATGAS · FLNC · COIN · PLTR · SPACEX · XLE · V · RKLB · UVXY · QCOM · BMNR · AVGO · IREN · BRKB · TQQQ · JPM · NOK · EWT · CRWD · BABA · UBER · ONDS · DELL · MINIMAX · LLY · COHR · KORU · ORCL · BBX · HYUNDAI · and 36 more
Only on Deribit: 44
EURC · COIN50 · TRX · SPCX · PEPE · RENDER · INJ · PNUT · FET · APE · VVV · AERO · ALGO · INX · APT · MOG · MERL · S · BONK · PYTH · ETHFI · SHIB · BILL · TOWNS · ETC · RESOLV · JTO · TIA · CHIP · DASH · PRL · OPG · BOME · SAGA · JASMY · COMP · OPN · ROBO · RUNE · DYDX · BASED1 · NIGHT · EDGEX · ALT
Questions
Is GRVT or Deribit cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.01 on GRVT and $7.06 on Deribit right now, taker fee and order-book slippage together, so Deribit is cheaper. Taker fees: 0.045% and 0.035%.
Which has more markets, GRVT or Deribit?
GRVT lists 184 active markets and Deribit 134; 88 assets trade on both, 33 of them stocks, commodities or other real-world assets.
Does GRVT or Deribit require KYC?
GRVT: No ID since Aug 2025 (AML reviews can still ask for documents); not for the US, Canada, Singapore, Hong Kong, Russia or sanctioned countries. Deribit: ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Can you arbitrage funding between GRVT and Deribit?
Yes: 10 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was BZ, long on Deribit and short on GRVT, with $48 left after costs.
Which is bigger, GRVT or Deribit?
24-hour volume: GRVT $414.2M, Deribit $706.0M. Open interest as each reports it: $474.1M and $1.36B. TVL: $34.2M and none published.

